I have a hard time following the logic when people make a statement that Bitcoin will replace all fiat currency. In my world view, they coexist and will continue to coexist. I can see where some fiat currencies die and Bitcoin fills in the gap, but not on a global level. Your thoughts?
Its most likely that they believe bitcoin is more 'safer' so no one can rob you and such, although I don't think it will ever replace fiat, fiat has been with us for Years, Centuries, and will be for eternity.
So Bitcoin replacing fiat? not happening anytime soon.